Lear Corporation (NYSE:LEA) gets upgraded to Overweight by Morgan Stanley with a price target of $214.00

ME Staff
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Analyst Ratings For Lear Corporation (NYSE:LEA)

Today, Lear Corporation (NYSE:LEA) stock received an upgrade by Morgan Stanley from Equal Weight to Overweight with a price target of $214.00.

There are 9 Buy Ratings, 8 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Lear Corporation (NYSE:LEA) is Buy with a consensus target price of $205.5882 per share, a potential 13.38% upside.

Some recent analyst ratings include

  • 7/31/2018-Morgan Stanley Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
  • 7/27/2018-Robert W. Baird Reiterated Rating of Buy.
  • 7/26/2018-Longbow Research Reiterated Rating of Buy.
  • 5/14/2018-Evercore ISI Upgrade from a “In-Line ” rating to a ” Outperform” rating.

Recent Insider Trading Activity For Lear Corporation (NYSE:LEA)
Lear Corporation (NYSE:LEA) has insider ownership of 0.43% and institutional ownership of 90.05%.

  • On 5/22/2018 Jonathan F Foster, Director, sold 2,500 with an average share price of $203.24 per share and the total transaction amounting to $508,100.00.
  • On 5/18/2018 Richard Harold Bott, Director, sold 1,063 with an average share price of $202.35 per share and the total transaction amounting to $215,098.05.
  • On 2/21/2018 Mel Stephens, SVP, sold 17,006 with an average share price of $193.00 per share and the total transaction amounting to $3,282,158.00.
  • On 2/20/2018 Jay K Kunkel, Insider, sold 6,694 with an average share price of $190.14 per share and the total transaction amounting to $1,272,797.16.
  • On 2/20/2018 Jeffrey H Vanneste, CFO, sold 20,380 with an average share price of $190.14 per share and the total transaction amounting to $3,875,053.20.
  • On 2/20/2018 Matthew Simoncini, CEO, sold 100,000 with an average share price of $190.14 per share and the total transaction amounting to $19,014,000.00.
  • On 2/20/2018 Shari L Burgess, VP, sold 5,373 with an average share price of $190.14 per share and the total transaction amounting to $1,021,622.22.

About Lear Corporation (NYSE:LEA)
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components primarily to automotive original equipment manufacturers worldwide. The company operates through Seating and E-Systems segments. The Seating segment includes seat systems and related components, such as leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles, as well as thermoelectric seat heating and cooling systems. The E-Systems segment offers electrical distribution systems that route electrical signals and manage electrical power within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. This segment's products include wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway modules, wireless control modules, lighting control modules and audio domain controllers, and amplifiers, as well as associated software. It also offers wireless systems comprising passive entry, remote keyless entry, and dual range/dual function remote keyless entry systems. The company was founded in 1917 and is headquartered in Southfield, Michigan.

Recent Trading Activity for Lear Corporation (NYSE:LEA)
Shares of Lear Corporation closed the previous trading session at 181.71 up +4.14 2.33% with 180 shares trading hands.